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    When it comes to initiatives on metal recycling, iron scrap plays a vital role. Put simply, iron scrap is discarded iron. With recycling it can find new life. There are different types of scrap iron – bundled scrap, heavy metal, turnings, etc. each requiring different recycling processes. This is why the demand for iron scrap has been stable over time with scrap iron prices ranging between ₹28 and ₹38 per kg in India. There are other grades of iron scrap and MS scrap available, their prices varying as per their quality, availability, purity and other parameters. Let’s take a look at iron scrap rate today in top cities, understand iron scrap price trends, and what to expect in the future.

    Also read: Mandi Gobindgarh rates today – Iron scrap, MS ingots, MS billets

    What is the price of 1 kg iron scrap in India today?

    The rate of iron scrap fluctuates based on market conditions, domestic demand, availability, and the type of scrap.

    On an average, price of 1kg iron scrap today is ₹28 to ₹38 based on the city and type of scrap.

    The price varies greatly across cities and the purity/percentage of iron content and the type of scrap. As a buyer/seller of iron scrap, it’s recommended to understand the grade of scrap first before buying/selling.

    What is the price of iron scrap in Bangalore?

    In Bangalore, Karnataka, the scrap iron prices trend has been stable over the years. That is, between ₹28 to ₹32 per kg.

    The price of scrap iron with high purity (~99%) however, hovers around ₹33 to ₹37 per kg, whereas the price of galvanised scrap iron can be between ₹47 to ₹53 per kg (industrial use).

    Scrap iron price today in Bangalore – Daily rates per kg

    Iron scrap type Price per kg* Price per tonne*
    Iron scrap (standard) ₹25 – ₹32 per kg ₹25,000 – ₹32,000 per tonne
    Iron scrap (>95% pure) ₹33 – ₹37 per kg ₹33,000 – ₹37,000 per tonne
    Iron scrap (industrial) ₹38 – ₹45 per kg ₹38,000 – ₹45,000 per tonne
    Cast iron scrap (industrial) ₹30 – ₹35 per kg ₹30,000 – ₹35,000 per tonne
    Cast iron scrap (foundry) ₹22 – ₹27 per kg ₹22,000 – ₹27,000 per tonne
    MS iron scrap (industrial) ₹28 – ₹33 per kg ₹28,000 – ₹33,000 per tonne
    Iron sheet scrap ₹37 – ₹43 per kg ₹37,000 – ₹43,000 per tonne

    *Prices are indicative and subject to change. Does not include tax, freight, packaging and other charges. Can vary based on seller, location, types. Please check with your iron scrap seller on final prices.

    Also read: Daily steel prices in Bangalore

    What is the price of iron scrap in Mandi Gobindgarh?

    Known as the steel city of Punjab or ‘loha mandi’, Mandi Gobindgarh is a leading steel hub in India. Along with Ludhiana, it remains a popular place for procuring steel and iron especially in northern India. From cast iron scrap to MS scrap, there are different types of scrap iron that can be found here.

    Old scrap (loha) rate today at Mandi Gobindgarh: ₹33 – ₹38 per kg

    Cast iron scrap rate today at Mandi Gobindgarh: ₹36 – ₹42 per kg (for ~80% – 90% iron)

    Also read: Mandi Gobindgarh steel ingot price today

    What is the scrap rate of iron in Punjab today?

    Apart from Mandi Gobindgarh, iron scrap is also available in other cities of Punjab, namely Ludhiana, Amritsar, among others. The price of iron scrap is relatively consistent across the cities with minor variations based on demand, iron scrap purity, grade (e.g., industry/foundry grade) and other factors.

    Today iron scrap (loha) rate per kg in Punjab

    City in Punjab Iron scrap price per kg* Iron scrap price per tonne*
    Ludhiana ₹33 – ₹43 per kg ₹33,000 – ₹43,000 per tonne
    Jalandhar ₹36 – ₹39 per kg ₹36,000 – ₹39,000 per tonne
    Amritsar ₹33 – ₹40 per kg

    ₹50 – ₹58 per kg (old iron scrap)

    ₹33,000 – ₹40,000 per tonne

    ₹50,000 – ₹58,000 per tonne (old iron scrap)

    Hoshiarpur ₹33 – ₹45 per kg ₹33,000 – ₹45,000 per tonne

    *Prices are indicative and subject to change. Please check with your iron scrap seller for the latest rates.

    What is the price of iron scrap in Mumbai?

    Though there have been minor fluctuations in rates, the scrap iron prices per kg in Mumbai has been consistent over the months. The demand for scrap iron has been steady, considering its use in several sectors including manufacturing and construction (especially in road and bridge construction). There are several reliable iron scrap distributors in Mumbai who offer different grades and types of scrap iron, with varying pricing points.

    Price of scrap iron per kg in Mumbai: ₹33 – ₹37 per kg

    Iron scrap rate today per kg in Mumbai

    Iron scrap type Price per kg* Price per tonne*
    Iron scrap (standard) ₹37 – ₹42 per kg ₹37,000 – ₹42,000 per tonne
    Iron scrap (for metal industry) ₹33 – ₹40 per kg ₹33,000 – ₹40,000 per tonne
    Iron scrap (shredded) ₹41 – ₹45 per kg ₹41,000 – ₹45,000 per tonne
    Cast iron scrap ₹127 – ₹135 per kg ₹127,000 – ₹135,000 per tonne
    MS iron scrap (construction grade) ₹37 – ₹42 per kg ₹37,000 – ₹42,000 per tonne
    MS iron scrap (sheet metal) ₹35 – ₹39 per kg ₹35,000 – ₹39,000 per tonne
    Sheet iron scrap (industrial grade) ₹40 – ₹45 per kg ₹40,000 – ₹45,000 per tonne
    Mild Steel MS scrap rate today ₹35 – ₹45 per kg ₹35,000 – ₹45,000 per tonne

    *Prices are indicative and subject to change. Please check with your iron scrap seller/distributor for the final rate card.

    Also read: Steel price list in Mumbai and Pune

    What is today iron scrap rate per kg in Maharashtra?

    While Mumbai is one of the most popular cities in Maharashtra for procuring iron scrap, other cities like Pune, Satara, Thane, Jalna are close behind.

    Today iron scrap rate per kg in Maharashtra

    City in Maharashtra Iron scrap price per kg* Iron scrap price per tonne*
    Pune ₹29 – ₹42 per kg ₹29,000 – ₹42,000 per tonne
    Thane ₹33 – ₹39 per kg ₹33,000 – ₹39,000 per tonne
    Satara ₹32 – ₹42 per kg

    ₹37 – ₹45 per kg (cast iron scrap)

    ₹32,000 – ₹42,000 per tonne

    ₹37,000 – ₹45,000 per tonne (cast iron scrap)

    Jalna ₹34 – ₹44 per kg

    ₹60 – ₹67 per kg (iron steel scrap)

    ₹34,000 – ₹44,000 per tonne

    ₹60,000 – ₹67,000 per tonne (iron steel scrap)

    *Prices are indicative and subject to change. Please check with your iron scrap seller for the latest rates.

    What is scrap rate in Hyderabad today?

    Hyderabad is the next city that is on our list for the scrap price trends in 2024. Based on the grades and purity of iron content, scrap iron prices vary vastly in the city. As a pro-tip, when procuring iron scrap, ensure you check the minimum order quantity. Some sellers offer the best rates only on minimum order quantity.

    Iron and MS scrap rate today in Hyderabad, Telangana

    Iron scrap type Price per kg* Price per tonne*
    Scrap iron (grey) ₹30 – ₹35 per kg ₹30,000 – ₹35,000 per tonne
    Iron scrap (metal sector) ₹28 – ₹33 per kg ₹28,000 – ₹33,000 per tonne
    Iron scrap (corrosion resistant) ₹54 – ₹60 per kg ₹54,000 – ₹60,000 per tonne
    Cast iron scrap (rust proof) ₹45 – ₹52 per kg ₹45,000 – ₹52,000 per tonne
    Cast iron scrap (foundry grade) ₹28 – ₹32 per kg ₹28,000 – ₹32,000 per tonne
    Cast iron scraps (industry grade) ₹35 – ₹39 per kg ₹35,000 – ₹39,000 per tonne
    MS scrap rate ₹31 – ₹45 per kg ₹31,000 – ₹45,000 per tonne

    *Prices are indicative and subject to change. Please check details on prices, taxes, freight and other charges with your iron scrap seller/distributor.

    What is the old scrap rate today in Chennai?

    Chennai, the capital city of the southern state of Tamil Nadu, has a flourishing industrial and commercial outlook. Its robust economy is built around multiple thriving sectors including automobile, software services, manufacturing, textiles and more. Not surprisingly, the demand for iron and steel has been a constant in the city with visible signs of steady progress.

    Let’s take a look at iron scrap rate in Chennai.

    Iron scrap rate per kg in Chennai

    Iron scrap type Price per kg* Price per tonne*
    Iron scrap (Colour- Dark grey) ₹30 – ₹35 per kg ₹30,000 – ₹35,000 per tonne
    Iron scrap (heavy metals) ₹27 – ₹32 per kg ₹27,000 – ₹32,000 per tonne
    Iron scrap (for metal industry) ₹36 – ₹48 per kg ₹36,000 – ₹48,000 per tonne
    Fine iron scrap (slag type) ₹30 – ₹35 per kg ₹32,000 – ₹35,000 per tonne
    MS iron scrap (industrial grade) ₹32 – ₹38 per kg ₹32,000 – ₹38,000 per tonne
    Scrap iron sheet ₹40 – ₹44 per kg ₹40,000 – ₹44,000 per tonne
    Brown iron scrap ₹30 – ₹34 per kg ₹30,000 – ₹34,000 per tonne

    *Prices are indicative and subject to change. Please check details with your iron scrap seller for final prices and taxes, freight and other charges.

    Also read: Daily steel price per kg in Chennai

    What is iron scrap rate today in Delhi?

    Delhi is often considered the largest commercial centre in northern India. Strategically located, its proximity to other business and industrial centres, namely – NCR, Ghaziabad, Noida, and Gurgaon – adds to its growing economy.

    From construction and real estate, to logistics, infrastructure development, tourism, agri and processed food, the demand for steel, iron scrap, MS scrap and other metals has been promising over the years. We take a look at the prices of ‘raddi’ or scrap in Delhi/NCR.

    Price of scrap iron ‘raddi’ in Delhi/NCR

    Iron scrap type Price per kg* Price per tonne*
    Iron scrap (ferrous) ₹37 – ₹45 per kg ₹37,000 – ₹45,000 per tonne
    Iron scrap (for foundry) ₹25 – ₹32 per kg ₹27,000 – ₹32,000 per tonne
    Old scrap iron ₹36 – ₹42 per kg ₹36,000 – ₹42,000 per tonne
    Iron scrap (for metal sector) – galvanised ₹33 – ₹42 per kg ₹33,000 – ₹42,000 per tonne
    Iron scrap (drum) sheets ₹40 – ₹55 per kg ₹40,000 – ₹55,000 per tonne
    Iron scrap (angles) ₹27 – ₹33 per kg ₹27,000 – ₹33,000 per tonne
    Iron scrap (recyclable) ₹28 – ₹34 per kg ₹28,000 – ₹34,000 per tonne

    *Prices are indicative and subject to change. Consult with your iron scrap seller for final prices, quality and other factors before purchase.

    Also read: Check latest steel prices per kg in Delhi

    What is the price of scrap iron in West Bengal?

    Kolkata, Hooghly, Howrah, Durgapur, Haldia, Asansol are some of the popular cities/towns/districts in West Bengal with prosperous commercial and industrial activities. Steel production, manufacturing, engineering, logistics, ship building – these are some of the sectors in the state makes the demand for steel and iron steady.

    Scrap iron price in Durgapur

    Iron scrap type Price per kg* Price per tonne*
    Iron scrap (for metal industry) ₹38 – ₹45 per kg ₹38,000 – ₹45,000 per tonne
    MS scrap (industrial) ₹37 – ₹42 per kg ₹37,000 – ₹42,000 per tonne
    Iron sheet scrap ₹60 – ₹65 per kg ₹60,000 – ₹65,000 per tonne
    Cast iron burada ₹42 – ₹48 per kg ₹42,000 – ₹48,000 per tonne
    Brown iron scrap ₹30 – ₹35 per kg ₹30,000 – ₹35,000 per tonne

    *Prices are indicative and subject to change. Consult with your iron scrap seller for final prices, quality and other factors before purchase.  

    In general, today iron scrap rate per kg can start from ₹25 per kg and go up to ₹42 per kg based on the grade/purity of iron scrap. There are more expensive grades priced between ₹45 per kg and ₹60 per kg depending on the quality of the alloy.

    It’s recommended to buy scrap based on the project needs and not settle for the most affordable option. When buying iron scrap, check for:

    • Scrap type and source (e.g., sheets)
    • Purity of iron (e.g., 80% or 90%)
    • Availability
    • Minimum order quantity
    • Other features (e.g., recyclable)
    At Tata nexarc we want to simplify steel procurement for you. We have partnered with leading steel suppliers and offer steel across multiple brands and types in one place. You can buy steel at the best prices, avail credit, get doorstep delivery and more. For more information, get in touch with us now.

    Sohini Banerjee

    Sohini is a seasoned content writer with 12 years’ experience in developing marketing and business content across multiple formats. At Tata nexarc, she leverages her skills in crafting curated content on the Indian MSME sector, steel procurement, and logistics. In her personal time, she enjoys reading fiction and being up-to-date on trends in digital marketing and the Indian business ecosystem.